Pennsylvania June 2022 – Agora Poker

Market Monitor: Pennsylvania June 2022

Market Monitor: Pennsylvania June 2022

The Pennsylvania online poker market remains up year-over-year, with operators collectively reporting $2.6 million in revenue in June, a growth of 7.6% year-over-year The Pennsylvania online poker market remains up year-over-year, with operators collectively reporting $2.6 million in revenue in June, a growth of 7.6% year-over-year, the latest figures from the PA Gaming Control Board show.

The trend is much the same as observed last month — PA online poker has been boosted by the introduction of WSOP PA (on the Harrah’s license) ten months ago. Other operators in the market are down approximately 25%.

There is little change in market share in June. PokerStars PA (Mount Airy) still dominates with a 62% market share, but revenue is down 20% year-over-year. WSOP’s share is 27%, in line with the last five months.

The remaining 11% is split between BetMGM Poker PA (9%) and Borgata Poker PA (2%) — they are down 30% and 21% year-over-year, respectively.

The PA online casino market continues to grow. It is the fifth month in market history where we see more than $100 million in combined online casino revenue. While it is off the all-time high of $115 million set in March, June’s revenue is up 16% year-over-year, higher than the annual performance of the month prior.

There’s no significant change to the makeup of the market. The basket of operators on Hollywood (which includes the big hitters BetMGM and DraftKings) remains the clear market leader with 42% of all revenue. Casinos on Rivers-Philadelphia and Valley Forge are second and third in the market, respectively.

Perhaps the most notable standout from June is Harrah’s, which hosts Caesars Online Casino PA. It grew its revenue month-over-month — one of only two to achieve this feat in the off-season — and it was enough to jump ahead of Stars Casino PA (on the Mount Airy license) to take seventh in the market.

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Author: wpadmin

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